The Ministry of Electronics and Information Technology (MeitY) has allocated a total of Rs 625 crore to improve the country’s cybersecurity infrastructure.
The Ministry of Electronics and Information Technology (MeitY) has allocated a total of Rs 625 crore to improve the country’s cybersecurity infrastructure. Of the total, Rs 40 crore was allocated for cyber security projects and Rs 225 crore cyber security response team was allocated to the Indian Computer Emergency Response Team (CERT-In).
2022 was a particularly bad year for India in terms of cybersecurity. The country has faced its worst cyberattack ever, starting with an attack on his AIIMS Delhi in late November. Five of his agency’s servers were allegedly attacked by Chinese hackers.
Posting these, the series of attacks were mostly spotted at medical institutions, including Delhi’s Safdarjun Hospital.
In another major incident, the data of 30 million users of Indian Railways was exposed and put up for sale on the dark web. The data is believed to have leaked from his website at RailYatri, which people use to book train tickets. These are part of the attack, but only part of the attack that has been revealed.
According to a study published by Indusface, a software-as-a-service (SaaS) security company backed by Tata Capital, India is currently one of the most frequently targeted and compromised countries. Nearly 59% of the 829 million cyberattacks the company discovered and blocked globally in Q4 2022 targeted India.
As more and more organizations (private, public, and even government) move to the cloud for their business, they are forced to invest heavily in cybersecurity to keep themselves and their employees safe. has become important.
Business leaders need to stay ahead of cyber challenges by understanding the importance of cybersecurity and having a dedicated leadership group to make it a priority, PwC finds in its latest annual Global CEO Survey suggested. This also applies to national leaders.
Funds allocated this year prove how serious the need for cybersecurity is in the country and that Indian leaders are not taking the issue lightly.